27,29 & 31 A/B Brown Road
Property Description
Positioned just minutes from downtown Asheville, this rare four-unit portfolio offers exceptional flexibility for investors seeking an established short-term rental opportunity in one of Western North Carolina's strongest tourism markets. Comprised of a duplex constructed in 1973 and two independent cottages constructed in the mid-1990s, the property provides four separate accommodations and multiple income streams while allowing for flexible rental strategies, owner occupancy, or a combination of personal use and investment. Guests enjoy convenient access to downtown Asheville, the River Arts District, the Biltmore Estate, the Blue Ridge Parkway, breweries, restaurants, and the area's renowned outdoor recreation, supporting consistent year-round demand. Each residence offers private accommodations designed to creating a diverse guest experience that broadens booking potential. Offered fully furnished and operating as a successful short-term rental portfolio, the property allows for a seamless transition to its next owner while presenting opportunities to further enhance the guest experience over time. With four independent accommodations across two parcels, this is a rare opportunity to acquire a scalable Asheville investment offering flexibility, diversification, and long-term appeal in one of Western North Carolina's most established vacation rental markets.
Broker Details
EXP REALTY LLC (336) 937-9123
MLS ID: 74583 State License Number: 313885
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,600,000 |
| No. of Units: | 4 |
| Year Built: | 1973 |
| Opportunity Zone: | No |
| Price per unit: | $400,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 6 |
ID: 3yd-CMLSNC-4406408
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
5102 Dodson Branch Rd.
Cookeville, Tennessee
276 & 280 Burnetts Road
chesnee, South Carolina
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout